I'm in a position where I have to double my money by end of 2017. Willing to take big risk. What would your favorite stocks be to do this.
You hit the nail on the head. I turned a relatively small stake into $1 million, then lost half. That 500K capital loss will eat a hole in my brain for the rest of my life unless I can double my money to use the losses.
If you do that, you may miss the rebound! I agree these have been heart breaker stocks, I am basically ruined. I did sell the May $6 TERP puts today, I do not think it will go below 6.
I am OK owning TERP if it closes under $6 45 days from now. I think even with SUNE at 0, TERP is worth over $6 and probably more like $12. GLBL might hit $0 though.
TERP struggling, but not under $6 yet.
Doesn't seem to make sense?! I mean I could see it going back up to the 40s, but 60?
How big of a premium? The stock all time high was under 60 when there were a lot fewer shares outstanding. The high this year when people were confident in approval was 42. The most bullish sell-side analyst has a target of $60. Considering current price of 14, where do you think it will be acquired? 50? 75? 100?
Interesting- so why are the May 20 calls trading so high? Something strange about all of this- when the 52 week high was 42 who is wanting to buy $60 strike calls?! Cannot see how this would get to $60.
That's my opinion too, I mean even if approved, the all time high is less than 60, and there were a lot less shares out then. Even if approved, a 100% gain which would be shocking puts it back at 30- got to double again to hit 60!